BUZZ-Silver miners rise on weak US dollar, growth concerns

Reuters
03-11
BUZZ-Silver miners rise on weak US dollar, growth concerns

** Shares of silver miners up, tracking prices of the white metal GOL/

** Spot silver XAG= up 1.3% at $32.53/ounce, supported by a weaker dollar and economic slowdown worries due to tariff wars, while investors awaited for a key inflation print that could shed light on U.S. monetary policy move

** Market attention is also on U.S. Consumer Price Index $(CPI.UK)$ on Wednesday and Producer Price Index $(PPI)$ print on Thursday

** Hecla mining HL.N and Coeur mining CDE.N up 4.7% and 4.9%, respectively

** Shares of Canadian miners Endeavour Silver EDR.TO and Silvercorp Metals SVM.TO rise 17.6% and 5.2%, respectively

** Abrdn Physical Silver SIVR.P up 2.4% and iShares Silver Trust SLV.P gains 2.2%

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

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